3916.04 Broker deemed to represent viator - fiduciary duty. - Ohio Statutes

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Statutes > Ohio > Title39 > Chapter3916 > 3916_04

3916.04 Broker deemed to represent viator - fiduciary duty.

Irrespective of the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator.

Effective Date: 10-05-2001

State Codes and Statutes

Statutes > Ohio > Title39 > Chapter3916 > 3916_04

3916.04 Broker deemed to represent viator - fiduciary duty.

Irrespective of the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator.

Effective Date: 10-05-2001

State Codes and Statutes

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State Codes and Statutes

Statutes > Ohio > Title39 > Chapter3916 > 3916_04

3916.04 Broker deemed to represent viator - fiduciary duty.

Irrespective of the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator.

Effective Date: 10-05-2001